Alex Jones of Infowars wants all of us to view the global financial crisis with a critical eye. All the belt-tightening within the planet won’t eliminate the question we ought to be asking: "Will it be the brokers or all of us to emerge free from the recession"? A feudal system of serfdom for the middle class is fast approaching, argues Jones. The middle class will once again be servants to lords, in this case the masters of the financial planet. Source of article – Will it be the bankers or us who survive the recession by Money Blog Newz.
The derivatives make all the main difference in whether us or the banks win
Alex Jones suggests that the banker or us surviving the crisis question isn't that simple. In fact, derivatives are involved. The non-assets that are traded are a volatile speculation on how the future will treat commodities. "Over $1.5 quadrillion" in the assets can't possibly be paid back the United States ever. Investment bankers who speculated on derivatives using such things as the pension funds of retired Americans for payment have made austerity necessary, yet it is these same banks and bankers who received the majority of bailout funds. Jones believes this imbalance of power, where the rich get much richer and also the poor lose money hand over fist, should be any right-thinking person’s call to action. "Will it be the bankers – or us?" asks Jones.
Power over banks and austerity
It seems difficult for the European Union to help member nations. They’re trying to stop bankruptcy from happening. Jones suggests that The United States is seeing this too. Central banks, awash in taxpayer bailout funds, will continue to flourish. Wages, pensions, insurance and child health care will all be cut under austerity conditions for the average taxpaying citizen. The average citizen in The United States that pays taxes will start to view programs cut with all of the austerity conditions. Things such as wages, pensions, insurance and child health care are all examples. Jones suggests that everyone needs to challenge the Federal Reserve and private central banks. Anybody who doesn't want to be a slave to debt does anyway.
Trojan horse what the bailout is looking like
Jones suggests the financial industry bailout was a Trojan horse that ended up making Wall Street bankers the ones who got a reward although they started the financial crisis. He suggests that a re-evaluation is needed. Is the middle class going to end up losing or will the bankers be giving up their power?
Articles cited
Info Wars
infowars.com/its-the-bankers-or-us/
Wikipedia
en.wikipedia.org/wiki/Derivative_%28finance%29
Alex Jones’ thoughts on rejecting central banks
youtube.com/watch?v=YmiFB9hJxus
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